ETH Night Analysis

1. Bullish Strategy (Speculate on Rebound)
Entry conditions: Price pulls back to the lower Bollinger Band (between 2422-2440) and closes with a bullish candle to stabilize, or KDJ shows a golden cross signal, while trading volume moderately increases.
Position Control: Light position (no more than 10% of total funds), avoid chasing the decline and killing the rise.
Stop-loss setting: Break below the lower Bollinger Band or the previous low of 2400 (psychological support), strict stop-loss (for example, a loss of 2%-3%).
Target level:
First target: MA30 moving average (2580-2600), after breaking through can look at MA10 moving average (2606-2630);
Second target: Bollinger Band middle line (2602) and resistance level near previous high of 2650.
2. Short Selling Strategy (Going Short with the Trend)
Entry conditions: Price rebounds to the MA30 moving average (2580-2600) or near the MA10 moving average (2606-2630) and encounters resistance to fall back, with MACD green bars continuously expanding and KDJ rebound losing strength.
Position Control: Light short positions, can increase the position after breaking the level (total position not exceeding 20%).
Stop loss settings: Maintain above the MA30 moving average or the middle band of the Bollinger Bands (2602), with a stop loss range of 3%-5%.
Target level:
First target: Bollinger Band lower band (2422-2440);
Second target: early low point 2350-2300 (if market sentiment worsens).